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Home > Widow complains of being left out of Yung Kee affairs

Widow complains of being left out of Yung Kee affairs

Saturday, 05 January, 2013, 12:00am
News›Hong Kong
COURTS
Austin Chiu austin.chiu@scmp.com
Her brother-in-law is running the famous roast goose restaurant like his own, she says

The wife of late Yung Kee shareholder Kinsen Kam Kwan-sing complained in court yesterday that she had been completely excluded from management of the company behind the famed roast goose restaurant in Central.

Lawyers for Leung Sui-kwan told the court that her request to step into her husband's place - as one of the two signatories of Yung Kee Holdings - was rejected by Ronald Kam Kwan-lai, her husband's estranged brother.

The current signatories are Ronald Kam and his daughter Yvonne.

"The respondent [Ronald Kam's camp] continues to run the company as if it is their own to the exclusion of my client," senior barrister Linda Chan, for Leung, said.

Leung's request to become a member of the board of directors was also rejected, Chan said.

But lawyers for Ronald Kam said Leung had been offered a signatory role but had failed to respond to the offer.

This issue came up yesterday when Ronald Kam's camp applied for more time to file a document in a related matter - Leung's court appeal against a judgment that went against Kinsen Kam.

They were three weeks late in filing the document and Mr Justice Aarif Barma extended the deadline to Tuesday.

In October, Mr Justice Jonathan Harris of the Court of First Instance ruled on technical grounds against Kinsen Kam's petition to wind up Yung Kee. The judge said the court did not have jurisdiction since Yung Kee was an offshore company.

Kinsen Kam had asked the court to rule that one of the brothers must buy out the other's 45 per cent share in the company.

If not for the technicality, the judge said, he would have ordered Ronald's camp to buy Kinsen's shares.

Topics: 
Yung Kee
Kinsen Kam Kwan-sing
Wife

Source URL (retrieved on May 20th 2013, 8:32am): http://www.scmp.com/news/hong-kong/article/1120063/widow-complains-being-left-out-yung-kee-affairs